Vietnam: Almost all tax treaties implicated with the signing of MLI

Vietnam signed the “Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting”

Almost all tax treaties implicated with the signing of MLI

Officials of the government of Vietnam on 9 February 2022 signed the “Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting”—the multilateral instrument or MLI.

With the signing of the MLI, Vietnam would include within the scope of implementation of the MLI, 75 of the current 76 income tax treaties in force. Once the MLI is ratified by Vietnam, the MLI would automatically modify certain content of the 75 tax treaties that are within the scope of implementation.

Read a February 2022 report [PDF 66 KB] prepared by the KPMG member firm in Vietnam

 

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